OTCQB: EUCTF) (“Eurocontrol” or the “Company”), announces that a special meeting (the "Meeting") of holders of common shares of the Company ("Shareholders") will be held at 10:00 a.m. (Toronto time) on October 31, 2018. At the Meeting, Shareholders will be asked to pass a special resolution to approve the previously announced proposed sale by the Company of its subsidiaries, Xenemetrix Ltd., Croptimal Ltd. and Xwinsys Technology Development Ltd. to DYG Holdings Ltd (the “Sale Transaction”). Shareholders will also be asked to pass a special resolution at the Meeting to give authority to the Company's board of directors (the "Board of Directors") to amend the articles of incorporation of the Company to (i) change the name of the Company, and (ii) to effect: a consolidation of all of the Company's issued and outstanding common shares on the basis of one (1) post-consolidation common share of the Company for up to ten (10) pre-consolidation common shares, in each case, as it may determine.